30 AI News Investors Should Not Miss

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17. ASML Holding N.V. (NASDAQ:ASML)

Number of Hedge Fund Holders: 81 

ASML Holding N.V. (NASDAQ:ASML) makes and sells advanced semiconductor equipment systems. Dirk Beljaarts, the economy minister of the Netherlands, recently visited the US and met US Deputy Secretary of Commerce Don Graves. During his visit, the minister emphasized the importance of China as a trading partner and stressed that ASML Holding N.V. (NASDAQ:ASML), which is based in his country, should be allowed to do business as freely as possible. The comments come in the wake of a tightening of US chip exports to China and pressure on US allies to do the same. ASML markets lithography machines to Chinese firms and has strong business ties in the country that is lagging behind the US in terms of advanced chip technology.

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